BETHESDA, MD -- Gale & Wentworth, one of the nation's leading, privately held real estate investment and services organizations, is now using CoStar Connect™ to enhance access and presentation of its exclusively represented properties on www.galewent.com. Gale & Wentworth's property listings are now more easily accessible and comprehensive for site visitors through functionality provided by CoStar Connect™. The subscription-based service was developed by CoStar Group, Inc., the leading provider of information services to the U.S. commercial real estate industry, to allow commercial real estate firms to license CoStar's technology and content to market property listings on their corporate Web sites.
Gale & Wentworth's Web site now enables the visitor to research real estate opportunities in a timely and efficient manner. In addition, http://www.galewent.com now includes the ability to search Gale & Wentworth's exclusive listings for certain preferences, specifications and availabilities. Each listing includes base building information, photographs, maps, floor plans and optional building tours. With a tenant-friendly design, http://www.galewent.com listing information offers an intuitive Web environment for all visitors. Gale & Wentworth's clients also will find a space calculator, featured properties, advanced search functions and quality marketing packages or broker mailers.
"Gale & Wentworth continually evaluates new technology that enables us to best serve our clients", said Mark Yeager, president of Gale & Wentworth. "CoStar Connect™ provides us with a one-stop Web solution complete with sophisticated tools, full content, intuitive design, and seamless integration with our existing corporate Web site to create a very robust and easy to use service for our clients."
"We are excited that Gale & Wentworth has chosen CoStar Connect™ to add new technology capabilities, such as the search engine, tailored space queries, space calculators, detailed mapping and virtual tours, to their Web site," stated Mark A. Klionsky, senior vice president of CoStar Group. "CoStar Connect™ enables active commercial real estate firms like Gale & Wentworth to enhance the quality and depth of their listing information by incorporating data fields from CoStar's national database, regularly updated by CoStar's 700 researchers."
CoStar Connect™ derives its content from CoStar's database that contains information on more than 800,000 properties, more than one million digital images and approximately one million tenants, and is proactively managed by CoStar's 700 researchers. CoStar's research staff is responsible for updating the listing content on http://www.galewent.com, relieving Gale & Wentworth's staff from the burden of inputting listing information or keeping building data up-to-date.
"Commercial real estate firms need to cost effectively market their properties or listings through their corporate Web sites with ease," Klionsky added. "However, few brokerage firms or property owners have the time or capital required to design software, collect content or track down brokers to update their listings on a timely basis. CoStar designed CoStar Connect™ to provide our customers with an efficient solution that supplies more data, imagery and sophistication than they could have built independently."
About Gale & Wentworth
Gale & Wentworth, headquartered in Florham Park, N.J., with regional offices in New York, Boston, California and the United Kingdom, is one of the largest privately-held real estate companies in the industry with a 50 million square foot global portfolio of office and flex properties. Through the Gale & Wentworth group of companies, the organization is able to integrate a broad array of investment, leasing, construction, development and management services. Renowned for its high standards of customer service, Gale & Wentworth serves a long list of distinguished clients throughout the United States and abroad including AT&T, British Airways, Global Crossing, Pharmacia Corporation, UPS, Siemens and Sumitomo. Gale & Wentworth maintains joint venture relationships with Morgan Stanley, J.P. Morgan and PaineWebber.
About CoStar Group, Inc.
Headquartered in Bethesda, MD, CoStar Group, Inc. has a suite of products that offers customers access to the most comprehensive, verified database of U.S. commercial real estate information in over 50 markets. CoStar has approximately 900 employees and contractors nationally, including approximately 700 highly trained commercial real estate research professionals in 27 offices.